Paris may demand compensation from Canberra for its withdrawal from the $66 billion submarines agreement with France’s Naval Group shipbuilder, French Defense Minister Florence Parly said on September 16, 2021.
Earlier in the day, French Foreign Minister Jean-Yves Le Drian strongly condemned Australia’s withdrawal, branding it as a stab in the back and the betrayal of the mutual trust between the countries.
Paris will make everything possible to minimize the financial losses after the breach of contract.
Australia decided to abandon the deal with France in favor of the cooperation with the United States and the United Kingdom under the newly-established AUKUS alliance.
The supply of nuclear-power submarines for the Australian navy will be the first major project within the alliance.
Sputnik / ABC Flash Point News 2021.